POSTPONES PURCHASE OF PHUKET-LOCATED LAND

Sino-Thai Engineering & Construction Plc reported on board resolutions passed at the 4/1997 meeting held on Sep 8, 1997 as follows: 1. According to the 3/1997 board meeting held on Sep 3, 1997 resolving to purchase a plot of land in Phuket province from Thai Special Steel Co Ltd, which is connected firm, and proposing this agenda to extraordinary shareholders meeting to be held on Sep 30, 1997, the board approved to postpone the consideration of this agenda to the next shareholders meeting because that plot of land has not been completely appraised. The schedule for shareholders meeting would be informed accordingly. 2. To suggest the appointment of Mr Udomsak Chakriyavani ch, director, as director of PAE (Thailand) Plc, a connected firm running the similar business as STECON, to the 1/1997 extraordinary shareholders meeting to be held on Sep 30, 1997. Comment : Please verify details from Public SIMS Translated by The Nation